Bitcoin (BTC) dropped to as low as $40,542 at around 18:30 yesterday evening (18th). Just when investors were worried that it might further fall below $40,000, BTC once again showed strong momentum and started a rapid wave of rebound.
It reached a maximum of US$42,757 at around 6 o'clock this morning (19), recovering from three days of decline; it was trading at US$42,532 at the time of writing, up 1.88% in the past 24 hours. Whether the upward trend can be maintained in the future remains to be seen.
Extended reading: Reasons for Bitcoin’s plunge emerge》Exchanges saw a net inflow of 33,000 BTC during the week, totaling 1.4 billion magnesium, ready to be dumped
Ethereum returns to $2,200
The trend of Ethereum (ETH) is roughly the same as that of Bitcoin, showing a fluctuating upward trend. It reached a maximum of $2,224 in the early morning and returned to the 2200 level.
The top ten currencies recovered yesterday’s losses
CoinMarkeCap data shows that the top ten currencies originally showed a simultaneous decline with the decline of Bitcoin yesterday (18th), but the current decline has narrowed significantly, among which SOL and ADA have a 2~3% decline. increase.
In the past 24 hours, the amount of liquidated positions across the entire network exceeded US$260 million
Bitcoin once approached 40,000 and then rebounded strongly, causing both bulls and bears to kill. According to Coinglass data , in the past 24 hours, the total amount of cryptocurrency liquidation across the entire network exceeded 266 million US dollars, which was twice as much as yesterday.
A whopping 112,922 investors were liquidated. Among the liquidated currencies, BTC ranked first with $76.72 million, and ETH ranked third with $39.88 million.
